New Issue: Deutsche Bank prices $1.07 million accelerated return notes linked to energy fund

By Angela McDaniels

Tacoma, Wash., Sept. 29 – Deutsche Bank AG, London Branch priced $1.07 million of 0% accelerated return securities due Oct. 1, 2019 linked to the Energy Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par plus 156% of the ETF return. If the ETF return is negative, investors will be exposed to the ETF’s decline.

Deutsche Bank Securities Inc. is the agent.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Accelerated return securities
Underlying ETF:	Energy Select Sector SPDR fund
Amount:	$1,067 ,000
Maturity:	Oct. 1, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If ETF return is positive, par plus 156% of ETF return; if ETF return is negative, exposure to ETF’s decline
Initial share price:	$68.14
Pricing date:	Sept. 26
Settlement date:	Sept. 29
Agent:	Deutsche Bank Securities Inc.
Fees:	1.5%
Cusip:	25155MDR9

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